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AGENDA ITEM #3.6 <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: April 5, 2005 <br /> Subiect: Closing Bank Accounts for Fire Department <br /> Report: The Fire Department will be using the money <br /> from their two savings accounts to pay for the truck that <br /> was just recently purchased. We would like to close these <br /> two accounts. The total amount of cash in the accounts is <br /> $5,025.58. Any future savings for the fire department will <br /> be put in a higher interest money market account. <br /> Council Action Requested: Council motion authorizing <br /> the closing of the two fire department savings accounts at <br /> Pine River State Bank and American National Bank. <br />